CESL Mulls $10 Billion Tender For 50,000 EV Buses To Decarbonise Public Transport Updated On Thu, Jul 21st, 2022 by Saurenergy State-controlled Convergence Energy Services Ltd. (CESL) is looking at floating a $10-billion tender to buy close to 50,000 electric buses to help make public transport carbon emission-free. CESL Managing Director Mahua Acharya has been quoted by a news report as saying, “Such tenders are beginning to look like infrastructure projects and local production of electric […] Read more
Central Govt Lifts Curbs To Allow CPSEs To Import RE Material From China Updated On Wed, Jul 20th, 2022 by Saurenergy NTPC and other such Central Public Sector Enterprises have finally got a level playing field with private sector companies and can now import from China the materials needed in renewable projects. In a major announcement, the Central government has lifted the curbs imposed on them in 2020 to stop procurement of items from countries involved […] Read more
The Success Determinants For Future In Electricity Sector With Low Carbon Emissions Updated On Wed, Jul 20th, 2022 by Saurenergy A report on the ‘success determinants for a future in the electricity sector with low carbon emissions’ has been released by Deloitte. In the study, Deloitte has emphasized how renewable energy sources are anticipated to provide 95% of the net increase in the world’s power capacity between now and 2025. This development is brought about […] Read more
India’s RE Capacity Stands At 114 GW Till June, 61 GW Short Of 2022 Target Updated On Wed, Jul 20th, 2022 by Saurenergy The Members of Parliament were separately informed by the Ministers of New and Renewable Energy in the Parliament on July 19 that India’s renewable energy capacity (excluding large hydro) stood at 114.07 GW till June-end this year, while 60.66 GW of projects are under various stages of development. India has set a target of having […] Read more
IESA, FBICRC To Cooperate For Battery Supply Chain In India Updated On Wed, Jul 20th, 2022 by Saurenergy India Energy Storage Alliance (IESA) has announced the signing of a Memorandum of Understanding (MoU) with Australia-based Future Battery Industries Cooperative Research Centre (FBICRC). The pact will focus on critical minerals and supply chain for advanced battery manufacturing in India. The two entities will cater to supply chain development and integration and Australian and India […] Read more
Indian Oil, NTPC Form JV For 650 MW RE Updated On Tue, Jul 19th, 2022 by Saurenergy India’s largest power producer state owned NTPC and Indian Oil Corporation Limited have formally inked a joint venture company recently, mandating the former to produce round-the-clock 650 MW renewable energy required by the upcoming projects of the refineries in Indian Oil. Released by the companies, a statement reads that the JV was necessitated by a […] Read more
Ola Will Invest $500 Mn In Battery Innovation Centre In Bengaluru Updated On Tue, Jul 19th, 2022 by Saurenergy E-Mobility is catching the fancy of the companies across Asia Pacific region, thereby attracting ever higher investments. Following the trend, and adding its own ‘think big’ motto to it, Ola Electric recently announced an investment worth $500 million for setting up its futuristic Battery Innovation Centre (BIC) in the city of Bengaluru. A statement released […] Read more
Amazon Accelerates Investments In Green Hydrogen Firms Updated On Mon, Jul 18th, 2022 by Saurenergy Amazon has revealed that its $2 billion Climate Pledge Fund is now spurring efforts towards the decarbonization of global operations through green hydrogen. The Fund is known for its early investments in companies like Rivian and BETA Technologies. The Climate Pledge Fund will also be making fresh investments in Electric Hydrogen and Sunfire, the U.S. […] Read more
Two RWE Projects Selected For EU Innovation Fund Grants Updated On Mon, Jul 18th, 2022 by Saurenergy Renewable energy player RWE has said that two of its innovative projects have been pre-selected for funding by the EU Innovation Fund. The fund is claimed to be one of the world’s largest programmes for demonstrating innovative low-carbon technologies. These are RWE’s FUREC project in the Netherlands and an offshore wind farm off the German […] Read more
